Trade wars and tariffs
Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We ...
Read More
FBT 2025: What you need to know
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers ...
Read More
Threshold for tax-free retirement super increases
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025. The transfer balance cap ...
Read More
Is there a problem paying your super when you die?
The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death ...
Read More
Will credit card surcharges be banned?
If credit card surcharges are banned in other countries, why not Australia? We look at the surcharge debate and the payment system complexity that has ...
Read More
Why the ATO is targeting babyboomer wealth
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations ...
Read More
Tracking the Right Key Performance Indicators (KPIs) for Your Business
It’s critical for businesses to monitor their performance effectively. But there is no single list of KPIs which apply to all businesses. Here are some ...
Read More
Phasing out cheques
The Government has announced a transition plan to phase out the use of cheques. Under the plan, cheques will stop being issued by 30 June ...
Read More
Tax deduction denied for signature basketball shoe R&D
The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball shoe. The ...
Read More
What’s ahead in 2025?
The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore ...
Read More
Tax and tinsel Q&As
Can you avoid giving the Australian Tax Office a gift this Christmas? The top Christmas party questions What can I do to make the staff ...
Read More
7 Ways to Get Better Deals from Suppliers
Sometimes business profits suffer because of spending too much with certain suppliers. In the competitive business world, getting the best terms with suppliers improves margins and lays ...
Read More